PH Realty Capital And Rockledge Acquire Multifamily Portfolio In Concourse, Bronx For $33.6M

A multifamily property located at 111-119 Tudor Place, 1170-1176 Walton Avenue, and 309 East 164th Street in the Concourse area of Bronx has been sold for a total price of $33,600,000. The property consists of 297 units with an average price per unit of $113,131. The total square footage of the property is 314,590 with a price per square foot of $107.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $33,600,000
• Units: 297
• Price Per Unit: $113,131
• Square Footage: 314,590
• Price Per Square Foot: $107
• Market: Concourse, Bronx

The buyers in this transaction are PH Realty Capital represented by Peter Hungerford and Rockledge represented by David Kaye and Joe Listhaus. The deal was facilitated by brokers Victor Sozio, Jason M. Gold, Daniel Mahfar, and Shimon Shkury from Ariel Property Advisors.